Country Banking Sector Report
Country Banking Sector Report
Germany Banking Sector Report — Q2 2024
German significant banks reported a 16.57% CET1 ratio but only a 6.08% return on equity at end-2023, while corporate insolvencies rose 26.5% in the first quarter of 2024 and the ECB began cutting rates in June.
Country Banking Sector Report
Saudi Arabia Banking Sector Report — Q1 2024
Large Saudi banks grew loans and profits in the first quarter of 2024, but margins fell at SNB, BSF and Alinma Bank, while NPL ratios stayed between 0.77% and 1.28% at four of the five lenders reviewed.
Country Banking Sector Report
Nigeria Banking Sector Report — Q2 2024
The CBN raised its policy rate to 26.25% in May 2024 with inflation at 33.69%, while four large banks reported combined first-quarter pre-tax profit of about N1.19trn, against about N0.30trn a year earlier.